January 14, 2019 John Tough

There are nearly 300 companies within the Fortune 1,000 that are broadly characterized by an industrial focus. The medium revenue for these economy-anchoring firms is nearly $4.9 billion, resulting in over $9 trillion in market capitalization. But revenue growth in this space is a far cry from the 20%+ range of the high-tech software companies beginning to dot the economy. Given the total addressable market and slow-moving perception of these industries, many market-hungry start-ups attempt to attack (or serve) this industry. But, running a technology company to serve the industrial verticals contains many hidden traps. In fact, the slow operating and…